Short Take: MindSpring completes SpryNet buy

Internet service provider MindSpring announced it has completed the acquisition of its rival SpryNet from America Online. Terms of the agreement include the transfer of SpryNet's subscribers, assets, and intellectual property to MindSpring. The expected sale price is between $35 million and $45 million. The deal was first announced in September.

Jan. 2, 2002 4:43 p.m. PT

Internet service provider announced it has completed the acquisition of its rival SpryNet from America Online. Terms of the agreement include the transfer of SpryNet's subscribers, assets, and intellectual property to MindSpring. The expected sale price is between $35 million and $45 million. The deal was first announced in September.